World Perspectives
feed-grains

Barley Market Tightens

The global barley market is only about one-eighth the size of the corn market but to major exporters (France, Russia, Australia, Canada) and to major importers (Middle East, China), it is a very important crop. Like other commodities, barley prices have been rising. Production fell 6.8 percent this year and global ending stocks are off nearly 22 percent from two years ago. The area harvested to the crop has fallen for two years in a row. Barley will become more important as a cover crop as agriculture seeks to control its emissions, but it is also a crop that thrives in a cooler climate, an environmental condition that is declining. It has substitutes as an animal feed but becomes more precious when turned into beer. The decline in average...

Related Articles
livestock

Sow and Cattle Slaughter Dynamics

HOGS The USDA is releasing weekly slaughter data that was unavailable through the government shutdown. On average, through mid-November, sow slaughter has been around 57,400 head per week, which is about 3,400 head, or 5.6 percent lower than the weekly average of about 60,800 head per week in 2...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4775/bushel, up $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.385/bushel, down $0.02 from yesterday's close.  Jan 26 Soybeans closed at $11.3775/bushel, up $0.0625 from yesterday's close.  Jan 26 Soymeal closed at $318.7/short ton, down $1.7 f...

livestock

Outlook for Cow Numbers Remains Limited

This year’s volatility in beef and cattle prices – particularly in the past two months – has heightened the industry’s interest in what the U.S. cattle herd will look like next year. The border closure with Mexico has certainly shrank cattle-on-feed inventories while str...

livestock

Sow and Cattle Slaughter Dynamics

HOGS The USDA is releasing weekly slaughter data that was unavailable through the government shutdown. On average, through mid-November, sow slaughter has been around 57,400 head per week, which is about 3,400 head, or 5.6 percent lower than the weekly average of about 60,800 head per week in 2...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4775/bushel, up $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.385/bushel, down $0.02 from yesterday's close.  Jan 26 Soybeans closed at $11.3775/bushel, up $0.0625 from yesterday's close.  Jan 26 Soymeal closed at $318.7/short ton, down $1.7 f...

livestock

Outlook for Cow Numbers Remains Limited

This year’s volatility in beef and cattle prices – particularly in the past two months – has heightened the industry’s interest in what the U.S. cattle herd will look like next year. The border closure with Mexico has certainly shrank cattle-on-feed inventories while str...

WPI Grain Transportation Report

Dry-bulk markets are firmer this week with the Capesize sector again leading the rally. Capesize rates saw support from stronger volumes from East Australia and the Pacific with Brazil and West Africa seeing demand for LH December and January positions. Panamax markets were firmer with growing...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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